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Home Values Continue to Decline

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Home Values Continue to Decline

The Easy Way to Shop For a Mortgage Loan

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Receive Multiple Offers. Save Money.

The Easy Way to Shop For a Mortgage Loan

Fill Out One Questionnare

Receive Multiple Offers. Save Money.

You're Now Reading:

Home Values Continue to Decline

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November 20 2010 (Jeff Alan)
home-prices-down-image
Home prices declined for the second month in a row after seven months of price gains. Home prices fell 1.1 percent in September after falling 1.2 percent in August according to the just released Housing Price Index (HPI) by CoreLogic.

Overall prices have declined 2.9 percent since September a year ago according to the HPI report which includes distressed sales and is seasonally adjusted. Prices are down 0.73% if you exclude distressed properties.

“The September HPI shows that home prices in the U.S. declined for the second month in a row after rising slightly for the first seven months of the year,” the CoreLogic report says. The Santa Ana, Calif., firm collects and analyzes property and mortgage data.

Amongst all the bad news, the report revealed that seven states have experienced year-over-year appreciation: New York, North Dakota, California, Nebraska, Virginia, Alaska and Maine.

“We’re continuing to see price declines across the board with all but seven states seeing a decrease in home prices,” said Mark Fleming, chief economist for CoreLogic. “This continued and widespread decline will put further pressure on negative equity and stall the housing recovery.”

Tags: housing recovery, home prices, housing price decline, negative equity, distressed properties

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Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.

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Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.

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Home Buying
Tips

Home Selling
Tips

About
Mortgages

Mortgage
Calculator

Mortgage
Rates

November 20 2010 (Jeff Alan)
home-prices-down-image
Home prices declined for the second month in a row after seven months of price gains. Home prices fell 1.1 percent in September after falling 1.2 percent in August according to the just released Housing Price Index (HPI) by CoreLogic.

Overall prices have declined 2.9 percent since September a year ago according to the HPI report which includes distressed sales and is seasonally adjusted. Prices are down 0.73% if you exclude distressed properties.

“The September HPI shows that home prices in the U.S. declined for the second month in a row after rising slightly for the first seven months of the year,” the CoreLogic report says. The Santa Ana, Calif., firm collects and analyzes property and mortgage data.

Amongst all the bad news, the report revealed that seven states have experienced year-over-year appreciation: New York, North Dakota, California, Nebraska, Virginia, Alaska and Maine.

“We’re continuing to see price declines across the board with all but seven states seeing a decrease in home prices,” said Mark Fleming, chief economist for CoreLogic. “This continued and widespread decline will put further pressure on negative equity and stall the housing recovery.”

Tags: housing recovery, home prices, housing price decline, negative equity, distressed properties

FILL OUT THE FORM

It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.

WE VERIFY & TRANSMIT TO LENDERS

Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.

REVIEW YOUR OFFERS

With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.

CHOOSE YOUR LENDER

Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.

HOW
MORTGAGELOANRATEUPDATE
WORKS

Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.

ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE

FAST & EASY. DATA ENCRYPTED

Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.

NO OBLIGATION. NO HIDDEN FEES

Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.

NO SSN OR CREDIT CHECK

No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

November 20 2010 (Jeff Alan)
home-prices-down-image
Home prices declined for the second month in a row after seven months of price gains. Home prices fell 1.1 percent in September after falling 1.2 percent in August according to the just released Housing Price Index (HPI) by CoreLogic.

Overall prices have declined 2.9 percent since September a year ago according to the HPI report which includes distressed sales and is seasonally adjusted. Prices are down 0.73% if you exclude distressed properties.

“The September HPI shows that home prices in the U.S. declined for the second month in a row after rising slightly for the first seven months of the year,” the CoreLogic report says. The Santa Ana, Calif., firm collects and analyzes property and mortgage data.

Amongst all the bad news, the report revealed that seven states have experienced year-over-year appreciation: New York, North Dakota, California, Nebraska, Virginia, Alaska and Maine.

“We’re continuing to see price declines across the board with all but seven states seeing a decrease in home prices,” said Mark Fleming, chief economist for CoreLogic. “This continued and widespread decline will put further pressure on negative equity and stall the housing recovery.”

Tags: housing recovery, home prices, housing price decline, negative equity, distressed properties

Home Buying Tips

Home Selling Tips

About
Mortgages

HOW
MORTGAGELOANRATEUPDATE
WORKS

FILL OUT THE FORM

It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.

WE VERIFY & TRANSMIT TO LENDERS

Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.

REVIEW YOUR OFFERS

With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.

CHOOSE YOUR LENDER

Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.

ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE

FAST & EASY. DATA ENCRYPTED

Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.

NO OBLIGATION. NO HIDDEN FEES

Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.

NO SSN OR CREDIT
CHECK

No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.